37 days ago • Posted by Jasper Lawler
Soybean futures soar to highest since 2014 before March crop report
The sharp rise in prices that began in the first lockdown last year has reportedly boosted interest in soybean production among farmers. This month the USDA will publish its widely followed annual Prospective Plantings report that could show farmers planted additional bean acres primarily due to elevated prices and prospects of increased demand from China.
Source: Zerohedge / USDA